News

Mashable1mon
OpenAI countersues Elon Musk, claims his $97.4 billion takeover offer was a 'sham bid'
Specifically, ChatGPT's owners claim that Musk's $97.375 billion offer to buy it out in February was a "sham bid" deliberately intended to impede OpenAI's efforts to raise funding. "Through ...
Yahoo Finance1mon
OpenAI countersues Elon Musk, claiming he 'has tried every tool available to harm' the company
Chevron OpenAI CEO Sam Altman, left, rejected a bid from SpaceX and Tesla CEO Elon Musk to purchase his company. The countersuit began by saying that Musk worked with OpenAI’s founders to ...
NBC Bay Area1mon
OpenAI says Musk has run ‘unlawful campaign of harassment' against company in lawsuit
In February, a Musk-led group offered to buy control of OpenAI for $97.4 billion, a bid that was swiftly rejected. Last month investors backed OpenAI in a round that valued the startup at $300 ...
New York Post15d
Sam Altman’s OpenAI ditches plan to become for-profit company after fierce pushback
Earlier this year, Musk made an unsolicited $97.4 billion offer to buy OpenAI, which was quickly rejected by Altman and his fellow board members. OpenAI’s restructuring bid took shape after ...
Yahoo Finance15d
Musk’s Lawyer Says OpenAI Reform Proposal ‘Changes Nothing’
Musk also made an unsolicited and unsuccessful $97.4 billion bid to buy the assets of the nonprofit that controls OpenAI. “Elon continuing with his baseless lawsuit only proves that it was ...
The Star11d
Musk-led group makes $97.4 billion bid for control of OpenAI
Musk's bid is likely to ratchet up longstanding tensions with OpenAI CEO Sam Altman over the future of the ChatGPT maker at the heart of a boom in generative AI technology. Altman on Monday ...
TheWrap15d
OpenAI Ditches For-Profit Ambitions After Elon Musk Rips Sam Altman Over Plan
OpenAI, the parent company of ChatGPT, has ditched its push to become a for-profit company — a plan that had pitted CEO Sam Altman against Elon Musk ... a $97.4 billion bid for OpenAI if ...
Detroit News13d
Musk hits back at OpenAI’s claim he’s on quest to harm startup
Elon Musk fired back at OpenAI’s accusation that he’s been waging a “relentless” campaign for more than a year to damage the startup. In a court filing late Wednesday, an attorney for the ...
Reuters15d
Elon Musk to go ahead with lawsuit against OpenAI despite nonprofit control statement, lawyer says
May 5 (Reuters) - Elon Musk plans to proceed with his highly watched lawsuit against OpenAI, his lawyer Marc Toberoff said on Monday, hours after the AI startup dialed back its earlier plan to ...
Politico20d
OpenAI questions ‘echo’ of Elon Musk in proposal to disrupt its for-profit plans
In a letter, obtained by POLITICO, OpenAI’s lawyer suggested the Coalition for AI Nonprofit Integrity echoes arguments Musk has made in court against OpenAI’s plans to convert to a for-profit ...